BTW, WKT doesn't need US$2.2mil. if they only needed US$2.2 mil they wouldn't have secured US$10mil from BMCG with their conditional convertible equity. Again you don't seem to understand the back up funding is needed to pay out Jinpeng and TNR
How does this make any sense?
first he says they shouldn’t need the $10m to finish construction and in the next sentence says they do need the $10m to pay Jinpeng and TNR.
The second sentence is exactly as I wrote it earlier today.
Ann: All EPC equipment to be shipped from China, page-528
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